Sempra secures FERC approval for Port Arthur LNG expansion project

Sempra (NYSE:SRE) won regulatory approval Thursday from the Federal Energy Regulatory Commission to expand its Port Arthur liquefied natural gas te...

September 22, 2023
3:30 AM

Sempra (NYSE:SRE) won regulatory approval Thursday from the Federal Energy Regulatory Commission to expand its Port Arthur liquefied natural gas terminal in Texas, one of four natural gas projects that had been abruptly struck from the agenda during a previous public meeting. The Port Arthur LNG expansion would add two liquefaction trains for another 13.5M tons/year of capacity; earlier this year, Sempra (SRE) made a final investment decision on the $13B Phase 1 of the terminal and began construction, with first LNG anticipated by 2027.

Carl Surran